RE: cash in the pot5 Dec 2020 13:58
manifesto..thanks for your opinion....like mine...yours is just an opinion
re-tax on balance,it doesnt matter how you look at it.....yes we will pay tax on the balance....but we will not pay so much tax..that it goes under what we had had cash before all this..prior to sale of p2f we had around £400k-£800k cash..after your so called tax we will still be left with £1.3m ( 50% tax ) worst case.so we will still be in better place
if you do bit of reading..you will see..paraytec test is all funded till commercialisation..this money has already been put on side..you are also forgetting we most likely will be having some MAJOR joining us..they will be bring their own funds thats if needed..as stated we are fully funded till commercialisation...so really no need for extra funds from elsewhere be it a MAJOR or other means
if TB wanted to he could have given away the lot...all cash...and we would have got 50p/share special divi
if you think its going to play the way you think it is..then plesae stay away..for you risk will be too high..for me..no-risk at all..as i see PARAYTEC being BIGGER than p2f..plesae note..even though cv19 TESTS will be big..indeed a GAME CHANGER..we through PARAYTEC will not be dependent on cv19 tests..there are other tests in pipeline..along with KIRKSTALL bladder cancer test
when you say..we could have used the money for other investments and gained more..partly yes i agree..but what you fail to underdstand..is the fact..tax on £15.5M would have been far HIGHER than it will be now on £2.65M so all in all a nice wise move from TB our VALUE will come from the likes from PHASEFOCUS/PARAYTEC/SENTINELL/KIRKSTA/GYROMETRIC etc we dont really need other investments at this stage,we have approx 20 small investment companies and a HANDFULL with high stake
The way see it is simple there was a huge CASH PILE,TB didnt want to pay all them taxes alongside him seeing more and more CASH coming in from PARAYTE so he decided to give cash back to loyal shareholders
2 bod members..got paid bonus's via shares..at 43p..them shares are locked..for 12 mths..unless they die or there is a TAKEOVER..so it is quite possible..brh could be taken over....mainly due to PARAYTEC...or yes PARAYTEC by themselves could be takenover...who knows
TB still holds 8.5M shares himself ...thats like 24% his interests are aligned with us shareholders
and ahh another point yesterday Bod memeber bought more shares at 55p albeit it was peanuts..it does show confidence
last point i just noted in your point..you say he sold p2f shares to fund paraytec..well partly true...read all rns's not just one..the first lot we sold was sufficient for paraytec and we have retained funds..the EXCESS was sold when p2f went to 7p,that EXCESS was something like £15M,there was no plan to sell...only did because of DEMAND and p2f rocketed
for me atleast its a BUY/HOLD/ADD for u and others u/they decide
HAPPY DAYS
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